OQ TECHNOLOGY

Luxembourg
Wasserbillig, Grevenmacher, Luxembourg, 6630

Company profile

OQ TECHNOLOGY company profile

OQ TECHNOLOGY aims to disrupt the satellite telecommunication industry and provides the world’s first universal plug & play "Internet-of-Things" solution that can provide connectivity anywhere. We are building a global satellite constellation dedicated to "Internet-of-Things" and "machine-to-machine" communication. We serve the Oil & Gas, Maritime, Industry 4.0, consumer IoT, and Transport segments, particularly for the management and tracking of assets in remote areas. Whether this is digital oilfield applications, offshore monitoring, SCADA applications, asset tracking, fleet management, smart metering, or predictive maintenance: We provide you with innovative low-cost connectivity solutions and high-value data analytics. Our wireless technology (developed in collaboration with the Luxembourg government and the European Space Agency) is compatible with existing wireless technologies. The modules are plugged & play, easy to install, have long battery life and connect you directly to our or your data cloud.

Business identity

Contact email
[email protected]
Phone number
+352 20 60 28 68
Operating status
Active
Company type
For Profit
Employee range
11-50 employees
Founded
2016-10-01, Month

Headquarters

Postal code
6630
Country code
LU
Continent
Europe

Capital profile

Funding and company signals

Funding rounds
7
Total equity funding
$14.5M
Last funding
Grant / $2.6M / 2025-02-17
Last equity funding
Series Unknown
Investors
6
Lead investors
4
Founders
1
Articles
72

Founders and investors

Founders

Omar Qaise

Lead investors

EIC AcceleratorLuxembourg Space Sector Development fundSESWa’ed Ventures

Investors

5G VenturesEIC AcceleratorSESWa’ed Ventures